The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1887-02-12

venture lo me, piOlrlfSS~z sHal
much more than double it.
40, thank you! You are so kind. Bu
then you know that | want to deal with 4;
broker myself. That would be charming
If you could tell me how to manage that
Gould YOU, now p And she beamed OIL
him bewitching smile that fairly subju
gated the great 'bull," and tipped his horn.
with rapture He smiled iH-, return, hesi
tated-and the man who hesitates, surrend
ers.
'There are several stocks that are down,
he said, ''that may go up" [ should re
commend the B. s. and W."
''B. S. and W."
"Yes-the Barfeld, st. Barnaby and
Waukeeshaw Railroad. 1t is standing now
at g."
"How am to go about it, please ~
He told her
t'Dear me! l shall never remember all
that. Please to write it all down for me,
will you?"
Van Stopel, still under the fascination,
took ont his pencil and wrote, while Milli-
cent sat by, expectant. She was at his
shoulder, her breath famed his temples,
and he could scarcely write legibly, but he
persevered.
"Oh, thank you, so much"
"Now," said he, 81 have shown you two
ways. You can either buy at ten days, or
you can buy outright. 1 should recon-
mend the latter. You see your margin
will be 10 per cent. on the par value,
which is 100, and not on the selling price,
which is 8. Now, if you buy at ten days,
you can only get, say about twenty-five
shares, for you must keep some back to fill
up your margin in case it fails.
"Fill up my margin !"
eyes; l have explained that on the pa
per- But if you buy outright you will get
twenty seven shares, for you will have no
margin to fill, and your profits will be more.
IF you were to put ten thousand dollars or
more into the transaction, it would be
different Then responsible broker, able
to carry the amount, either by his own
means or through credit, would treat the
stock, which has kept uniform price so
long, as favorably as he would dividend
paying stock, and give you contract at 5,
and possibly at 3 per cent. With your
small amount, buy the stock outright.
I'll recommend you to a responsible broker;
but he is one never do business with-a
good and honorable man, though; but you
must promise that you won't tell him or
any one else that | sent you"
ttT ,,,on,,so thaf I vr0n'F broa4ho -
even to father"
NIillicent played the piano for him-she
played fairly; and sang for him-she sang
we'll Van Stopel was in the seventh
heaven, and was on the verge of proposing
right then and there, but he lacked courage,
He left, however, in an ecstasy of delight
but it did not last long He was meditat-
ing one of his great strokes of finance and
that soon resumed possession of him to the
exclusion of everything else.
The next day, while the elder Duke was
at the factory, Frank was at the house, a
note having brought him. Milly met him,
beaming.
''Frank," she cried, "do you want a
S100,000?"
"Do l, Milly? Don't I, the worst kind. F"
And he told her what her father had said.
"He said the same to me, Frank Can
you realize on that mortgage of yours?''
"No, 1 can't because | have. 1t was all
paid up last week, and I'm looking around
for new investment in one lump if l car" !"
A long conversation ensued, and Milly
gave her views with great energy and de-
cision Frank demurred, but finally half
gave way.